News Breaks |
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| February 28, 2013 |
| 10:37 EDT |  | BKS, MSFT, PSO | Barnes & Noble says talks with Riggio ongoing, cannot comment further
On its Q3 earnings conference call, Barnes & Noble (BKS) confirmed that discussions between Len Riggio and the strategic committee of its Board in regard to his plan to make a proposal to purchase the retail business are ongoing, but said it could not comment further. The company also said that its Nook Media subsidiary has been financing itself since investments from new partners Microsoft (MSFT) and Pearson (PSO) in October, along with positive cash flow from its College business. B&N said Nook Media has approximately $240M in cash with no debt and it expects the unit to self-finance going forward. The company said that recent news reports that it may be accelerating store closings are inaccurate. The company said historically it has closed 12-22 stores each year, averaging 15 stores a year over the last 10 years, and "that will not change." B&N noted that 95% of its stores are profitable and "we have no plans to close any of these." Shares of Barnes & Noble, which began the session in negative territory, crossed into positive ground as the call continued and are up 40c, or 2.63%, to $15.63 in early morning trading. |
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News For BKS;MSFT;PSO From The Last 14 Days Check below for free stories on BKS;MSFT;PSO the last two weeks. |
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| June 11, 2013 |
| 14:34 EDT |  | BKS, MSFT | Barnes & Noble ends support for PC, Mac Nook apps, Digital Reader says
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| 12:31 EDT | | MSFT | Nokia hints at closer relationship with Microsoft, Engadget reports
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| 08:23 EDT |  | MSFT | E3 shows game console battle intensifies, says RW Baird
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| 06:55 EDT | | MSFT | Sony's PlayStation 4 priced $100 below Microsoft's Xbox One, Bloomberg says
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| June 10, 2013 |
| 17:38 EDT | | MSFT | GameStop now taking pre-orders for Xbox One
GameStop (GME) is now taking pre-orders on Microsoft’s (MSFT) next generation, all-in-one gaming and entertainment system, the Xbox One. Pre-orders for the Xbox One can be made at any U.S. GameStop store location or online with a $100 deposit that will be applied toward the $499 cost of the console. |
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| 14:47 EDT | | MSFT | Microsoft Bing search results integrated in Apple update of Siri
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| 13:59 EDT | | MSFT | Microsoft says Xbox One to cost $499 in U.S., to launch in November
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| 12:45 EDT | | MSFT | Microsoft announces new Xbox 360 design, available starting today
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| 07:17 EDT |  | MSFT | Storage Networking Industry Association to host conference
Storage Plumbing & Data Engineering Conference is being held in Santa Clara on June 10-12. |
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| 07:09 EDT | | MSFT | E3 show not attracting video-game rising stars, WSJ reports
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| 06:08 EDT | | MSFT | On the Fly: Periodicals Wrap-Up
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| June 9, 2013 |
| 15:57 EDT | | MSFT | Microsoft to reveal more details of the Xbox One, FT says
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| June 7, 2013 |
| 16:36 EDT |  | MSFT | Quantum raises Q1 revenue view to $150M-$155M from $135M-$140M
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| 12:05 EDT | | MSFT | GameStop to benefit from Microsoft used game rules, says Piper Jaffray
Piper believes that Microsoft's (MSFT) decision to allow only participating retailers to broker trade-ins of used games for the Xbox One is particularly positive for GameStop. The firm adds that Microsoft's decision to allow used games to be played on the new console without additional fees is also positive for GameStop. Piper keeps an Overweight rating on GameStop. |
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| 10:12 EDT | | MSFT | Cost for entry-level 7-inch tablets expected to drop, DigiTimes says
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| 09:27 EDT | | MSFT | On The Fly: Pre-market Movers
HIGHER: Concurrent (CCUR), up 9.2% after doubling its dividend... Christopher & Banks (CBK), up 9.1% after quarterly earnings, revenue beat expectations... Gamestop (GME), up 2.5% after Microsoft (MSFT) clarifies how games licensing will works on upcoming Xbox One system... Arena (ARNA), up 1.7% after saying Belviq weight-loss drug available in U.s. next week, triggering milestone payment. LOWER: TiVo (XXX), down 18.7% after announcing patent litigation with Google's (GOOG) Motorola, Cisco (CSCO) and Time Warner Cable (TWC), doubles stock buyback authorization... Iron Mountain (IRM), down 17.2%, Lamar Advertising (LAMR), down 8.3%, Equinix (EQIX), down 7.8%, CBS (CBS), down 2.1%, after IRS forms working group on REIT issues, which could delay some of those companies plans for or consideration of REIT conversion... Intel (INTC), down 0.8% following downgrade to Underweight at Piper Jaffray. |
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| 07:35 EDT | | MSFT | Microsoft price target raised to $39 from $34 at Oppenheimer
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| 05:29 EDT | | MSFT | Microsoft: We're not part of government online monitoring, Reuters reports
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| June 6, 2013 |
| 18:20 EDT | | MSFT | Microsoft says renting games not available at Xbox One launch
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| 10:48 EDT | | MSFT | Microsoft in talks with Sky to sell Xbox Ine as set-top box, MCV reports
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